Mubadala Reveals 2016 Financial Results
This article may be one of the last few times SWFI refers Mubadala as the Mubadala Development Company. The development company is becoming an “investment” company, after its merger with International Petroleum Investment Company (IPIC). The new entity will be called Mubadala Investment Company, targeting May 2017 for the birthing date. The merged entity will have a combined asset base of 460 billion AED (US$ 125 billion). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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